a farmer bought 400 sheep at rupees 600 per sheep. he kept them on the his Farm for 10 weeks and spent 50rupees per sheep per week on average .if he sold the whole flock for rupees 55000 rupees .
what was his profit percent
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Amount spent by buying the sheeps= 400*600=2,40,000 Rupees.
Maintenance charges = 400*10*50=2,00,000
Therefore total amount spent = 2,40,000 Rupees + 2,00,000 Rupees. = 4,40,000
If he sold them for 55000 then a loss is incurred.
Hence loss = 4,40,000- 55000=385000
Loss% = 385000/ 4,40,000= 87.5%.
As loss is very greater, we can tell that a mistake in your question.
Correction in the question :- " a farmer bought 400 sheep at rupees 600 per sheep. he kept them on the his Farm for 10 weeks and spent 50rupees per sheep per week on average .if he sold the whole flock for rupees 550000 rupees .
what was his profit percent "
So, Now profit = 550000-4,40,000 = 110000
Profit % = 1,10,000/4,40,000*100 =25%
Maintenance charges = 400*10*50=2,00,000
Therefore total amount spent = 2,40,000 Rupees + 2,00,000 Rupees. = 4,40,000
If he sold them for 55000 then a loss is incurred.
Hence loss = 4,40,000- 55000=385000
Loss% = 385000/ 4,40,000= 87.5%.
As loss is very greater, we can tell that a mistake in your question.
Correction in the question :- " a farmer bought 400 sheep at rupees 600 per sheep. he kept them on the his Farm for 10 weeks and spent 50rupees per sheep per week on average .if he sold the whole flock for rupees 550000 rupees .
what was his profit percent "
So, Now profit = 550000-4,40,000 = 110000
Profit % = 1,10,000/4,40,000*100 =25%
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